The banking industry across Africa is taking customer banking to a whole new level with the introduction of WhatsApp banking. Whatsapp is the most popularly used social networking app today, worldwide. The banking industry has adopted its usefulness in making bank transactions a lot more easier and accessible to their customers at all hours of the day.
The new banking feature has been included in the social networking app to enable its users to make banking transactions such as open new accounts, check their balances on the go and carry out other basic banking services. The feature has been grabbed by many banks in African countries such as UBA, GTB, First Bank in Nigeria, Absa Group in South Africa and so on. WhatsApp users can now bank while chatting. Sources revealed that the social networking app plans to extend its new feature to businesses next.
Olatorera Consultancy Limited provides business development services to high net-worth individuals and companies looking to grow, enter or do business in Africa.